Which of the following expenses qualifies for the Lifetime Learning Credit?

The Lifetime Learning Credit is designed to help offset the cost of higher education by providing a tax credit for qualified tuition and related expenses. One of the significant aspects of this credit is that it can be claimed for expenses associated with qualified education expenses, such as tuition and certain course materials required for enrollment.

In this context, the correct choice reflects a student who claims expenses for both tuition and books. Tuition is clearly a qualifying educational expense for the Lifetime Learning Credit. Additionally, expenses for books, supplies, and equipment needed for a course of study are also considered qualified expenses, provided they are required by the institution. This is crucial as it broadens the scope of what can be claimed under the credit, allowing students to maximize their benefits.

Other options do not align with the criteria for the Lifetime Learning Credit. For instance, expenses incurred by a student taking a class solely aimed at improving job skills in a non-degree program may not meet the credit's educational purpose requirements, as the program and its associated expenses may not qualify under the defined guidelines. Likewise, a felony drug conviction does not directly impact a student's eligibility for the credit based on expenses since there are no implications regarding the types of programs eligible. Lastly, the length of time taken to graduate does not dis